In 2025, the USDA loan limit for a single-family home in Glen-Carbon, county of Madison, IL, is $285,000, whereas the FHA limit is $356,362.
Make use of Lendersa®'s USDA loan calculator to compare today’s leading USDA versus FHA rates and assess your required income, credit, reserves, and documentation for qualification. This advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side-by-side, assisting you in selecting the right program for your financial conditions in .
2025 Loan Limits and Downpayment Requirements in Glen-Carbon, Madison County, IL
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Glen-Carbon, IL
The goal of Lendersa® is to efficiently connect you with the most fitting USDA or FHA loan, minimizing hassle. Select one of three initial pathways that help match you with lenders offering USDA loan programs.
The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and is specifically available for rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage does not require any down payment, making homeownership more accessible.
Our commitment to sound banking, combined with our promise to provide the best service available, has made us one of the fastest growing banks in our area.
Florence Bank remains committed to serving the community as a local bank. The bank is depositor owned and its Directors and Corporators are all actively involved in the local community.
Champlain National Bank’s history dates back to 1909 when Lake Champlain National Bank began operations in Westport, NY. The Champlain National Bank that exists today was formed in 1959 as the result of the merger between Essex County National Bank in Willsboro, NY (founded in 1921) and Lake Champlain
NeighborWorks of Western Vermont, we are all things home. We work to help Vermonters become educated about finances and homeownership, find homes to purchase, get the loans they need to buy homes, and renovate their existing homes to make them healthy, safe, and affordable. We believe that homeownership and connected neighborhoods support people.
Generation2 Mortgage Services was founded in 2008 as a direct result of the need for simple mortgage solutions for clients needing to purchase or refinance their home. We realized this need as we came from larger lenders; we saw the egregious fees and methodical loan process they put their clients through. Some of the items that we saw were clients
1343 Sullivan Avenue, 2nd Floor, South Windsor, CT, 06074
Since 1997 Money Market Mortgage, LLC has been in the business of residential and commercial mortgage origination. We are a company that serves individuals and companies who need a Mortgage Broker and/or Mortgage Lender and have built our business on a deep understanding of the needs of our community.
1750 Ellington Road, Bldg. 3, South Windsor, CT, 06074
Precision Mortgage, LLC is located in South Windsor, Connecticut and is a full service Mortgage Lender with experienced Mortgage Bankers offering expertise in every area of mortgage needs. We provide mortgage loans from purchase, refinance, renovation, to constrution lending. We are commited to building a strong reputation
Bridge Loan Network is a leading online marketplace serving the asset-based lending space. We provide a centralized platform that aggregates loans from borrowers and brokers to direct hard money lenders.Bridge Loan Network is a leading online marketplace serving the asset-based lending space. We provide a centralized platform that aggregates loans
At PSd, Ltd. a NM Mortgage Broker, we will find a loan that fits each borrower. Unlike big banks that have order takers helping you with your loan, we have highly skilled and trained loan consultants. Our consultants know what it takes to get through underwriting quickly and efficiently. Also, as a broker, we have relationships with many lenders.
Holyoke Credit Union was organized in 1911 as a Massachusetts state-chartered credit union to deliver a full assortment of consumer banking services to its members. Today, Holyoke Credit Union is chartered by the Commonwealth of Massachusetts and regulated by the Massachusetts Division of Banks.
Bank of Commerce is committed to our community. Our mission is simply to “Be A Better Bank”. This means that we will not only work in our community, but we are proud to be actively involved in and around our community to make it a better place for all of us to live, work, and play.
